3 Drives Pattern (Mar 2024, Jan 2025)
Last Drive in July/August but leaning towards July
June 19th - 22nd for potential impulse
June 27th/28th for a local top into Early July Bottom | if Price is Bearish into these dates then Local Bottom
July 17th to 24th for Summer Top
Aug 3rd to 11th for a potential Local Bottom
Expected Top is 120k and up (Can be seen on Fibs) | 135k would be ideal
Last Drive in July/August but leaning towards July
June 19th - 22nd for potential impulse
June 27th/28th for a local top into Early July Bottom | if Price is Bearish into these dates then Local Bottom
July 17th to 24th for Summer Top
Aug 3rd to 11th for a potential Local Bottom
Expected Top is 120k and up (Can be seen on Fibs) | 135k would be ideal
Trade active
Late June into Early July will heavily influence probability of a July Top.Reason: April 7th Bottom, May 6th Bottom, June 5th Bottom
Assumption: Pattern continues and we get a Local Bottom between July 4th/5th into a Late July Top
Break of Pattern likely invalidates this idea/trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.